IIM Ahmedabad and FPSB India To Undertake Capacity Building Initiatives in Financial Planning & Investment Advisory Services
– To jointly conduct research work in financial planning and investment advisory services
– Sign an MoU to enhance the financial planning education and certification process in India
– FPSB India is home to 2731 CFP® professionals in India and part of a global network of organizations representing more than 223,770 CFP professionals worldwide
Ahmedabad – Indian Institute of Management (IIMA), Ahmedabad, and FPSB India, the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER® certification program announced a strategic Memorandum of Understanding (MoU) to launch a series of capacity-building initiatives, targeted for professionals in financial planning & investment advisory services. Under the framework, IIMA and FPSB India shall initiate training programs, conduct applied research, and organize focused workshops for professionals on contemporary themes.
These initiatives are designed to equip working professionals and students with the essential knowledge and skills required to excel in the field of financial planning. The collaboration seeks to bridge the gap between practical learning and a skilled workforce in the domain of financial planning by bringing together the educational excellence of IIMA and the professional excellence of FPSB India.
Krishan Mishra, CEO, FPSB India, expressed his enthusiasm regarding the collaboration, stating, “This collaboration with the IIMA underscores our shared commitment to excellence in management education and our dedication to nurturing the next generation of professional financial planners equipped with a globally recognized CFP certification. With this association we aim to fill the gap that exists in the industry for a skilled workforce in financial planning sector.”
Prof. Bharat Bhasker, Director of IIMA, emphasized the institution’s dedication to academic excellence and collaboration, stating, “At IIMA, we believe in providing our students with holistic education and professional know-how that not only enriches their knowledge base but also empowers them with practical skills relevant to today’s dynamic and evolving financial landscape. This partnership with FPSB India is a testament to our shared commitment to fostering innovation and collaboration in financial planning education.”
The collaboration between FPSB India and IIMA is poised to set new benchmarks in the field of financial education and certification, empowering individuals to pursue rewarding careers as Certified Financial Planners while upholding the highest standards of professionalism and integrity. As part of the initiatives, IIMA and FPSB India shall organise a workshop on asset allocation and factor models for certified financial planners at IIMA campus in December 2024. The workshop shall focus on discussion of factor models and smart beta investing based on the experience in Indian market.
About FPSB India:
FPSB India is the leading financial planning body in India and is dedicated to establishing, upholding, and promoting professional standards in financial planning throughout India.
FPSB India offers the globally recognized CFP® certification, which represents excellence in financial planning through rigorous competency and ethical standards. It is home to over 2,731 CFP professionals in India and part of a global network of organizations representing more than 223,770 CFP professionals worldwide.
FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program.
FPSB Ltd. owns the CFP, CERTIFIED FINANCIAL PLANNER and the outside the United States. FPSB Ltd. licenses these marks to FPSB Institute India Pvt. Ltd to administer CFP certification in India. For more information, visit india.fpsb.org.